Recent events
Recent events tied to this brand in public sources.
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2022
FTC sues to block Lockheed Martin's Aerojet acquisition
US authorities announced they were suing to block Lockheed Martin's proposed $4.4 billion takeover of Aerojet Rocketdyne, asserting that the deal would lead to higher costs on defense systems.
2021
FTC extends review of Lockheed Martin’s planned Aerojet Rocketdyne acquisition
The U.S. Federal Trade Commission extended its review of Lockheed Martin’s planned acquisition of Aerojet Rocketdyne by an additional 30 days, measured from the company’s response to the FTC. The article reports that the FTC had concerns about the transaction.
2020
Lockheed Martin announces planned acquisition of Aerojet Rocketdyne
Lockheed Martin announced that it will acquire Aerojet Rocketdyne for $4.4 billion including debt and net cash. The proposed acquisition is subject to regulatory and Aerojet Rocketdyne stockholder approvals and is expected to close in the second half of 2021.